FTSE in Partnership for Currency Indexes

The indexes will aim to provide investors with a passively managed and transparent benchmark for currency FRB returns, used for portfolio construction, index-tracking, and benchmarking, according to a news release.

“This new co-operation combines FTSE’s global brand equity, track record in strategic partnerships, and renowned indexing expertise with Record’s comprehensive knowledge of currency investment management,” said Mike Bruno, head of Fixed Income at FTSE Group, in the release.